Traws Pharma (NASDAQ:TRAW) Trading Down 0.1% – Here’s What Happened

Traws Pharma, Inc. (NASDAQ:TRAWGet Free Report) was down 0.1% during trading on Friday . The company traded as low as $8.47 and last traded at $8.66. Approximately 180,366 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 231,983 shares. The stock had previously closed at $8.67.

Traws Pharma Stock Performance

The business has a 50 day moving average price of $5.99. The company has a market capitalization of $26.21 million, a P/E ratio of -0.06 and a beta of 1.46.

About Traws Pharma

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Traws Pharma, Inc, a clinical stage biopharmaceutical company, focuses on developing small molecule oral product candidates for respiratory viral diseases and cancer. The company is developing investigational novel therapies for influenza and COVID19 that are designed to address treatment resistance, such as TRX01 (travatrelvir), a Mpro/3CL inhibitor in development for the treatment of COVID19; and TRX100 (viroxavir), an endonuclease inhibitor in development for the treatment of pandemic influenza.

Further Reading

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